Gross Fixed Capital Formation Deflator — Value Standard Local in India
India: Gross Fixed Capital Formation Deflator — Value Standard Local was 139.28 SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation Deflator — Value Standard Local in India, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for gross fixed capital formation deflator — value standard local in India is 139.28 SLC, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 0.8% on the previous year and up 37.9% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in India peaked at 139.28 SLC in 2024 and was at its lowest, 3.36 SLC, in 1970.
That places India 78th out of 194 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation Deflator — Value Standard Local in India, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 3.36 SLC | — |
| 1971 | 3.48 SLC | +3.5% |
| 1972 | 3.78 SLC | +8.7% |
| 1973 | 4.41 SLC | +16.6% |
| 1974 | 5.24 SLC | +18.7% |
| 1975 | 6.11 SLC | +16.6% |
| 1976 | 6.19 SLC | +1.4% |
| 1977 | 6.28 SLC | +1.4% |
| 1978 | 6.67 SLC | +6.3% |
| 1979 | 7.69 SLC | +15.2% |
| 1980 | 8.64 SLC | +12.4% |
| 1981 | 10.26 SLC | +18.8% |
| 1982 | 11.49 SLC | +12.0% |
| 1983 | 12.2 SLC | +6.2% |
| 1984 | 13.63 SLC | +11.7% |
| 1985 | 15.38 SLC | +12.8% |
| 1986 | 16.5 SLC | +7.3% |
| 1987 | 18.02 SLC | +9.3% |
| 1988 | 19.93 SLC | +10.6% |
| 1989 | 21.96 SLC | +10.2% |
| 1990 | 23.37 SLC | +6.4% |
| 1991 | 27.43 SLC | +17.4% |
| 1992 | 29.09 SLC | +6.1% |
| 1993 | 31.85 SLC | +9.5% |
| 1994 | 34.86 SLC | +9.5% |
| 1995 | 39.26 SLC | +12.6% |
| 1996 | 42.32 SLC | +7.8% |
| 1997 | 44.43 SLC | +5.0% |
| 1998 | 46.26 SLC | +4.1% |
| 1999 | 47.78 SLC | +3.3% |
| 2000 | 49.51 SLC | +3.6% |
| 2001 | 50.49 SLC | +2.0% |
| 2002 | 51.83 SLC | +2.7% |
| 2003 | 55.09 SLC | +6.3% |
| 2004 | 60.84 SLC | +10.4% |
| 2005 | 63.6 SLC | +4.5% |
| 2006 | 67.09 SLC | +5.5% |
| 2007 | 70.87 SLC | +5.6% |
| 2008 | 74.79 SLC | +5.5% |
| 2009 | 77.93 SLC | +4.2% |
| 2010 | 82.1 SLC | +5.4% |
| 2011 | 88.4 SLC | +7.7% |
| 2012 | 93.41 SLC | +5.7% |
| 2013 | 97.22 SLC | +4.1% |
| 2014 | 101 SLC | +3.9% |
| 2015 | 100 SLC | -1.0% |
| 2016 | 101.13 SLC | +1.1% |
| 2017 | 104.09 SLC | +2.9% |
| 2018 | 108.25 SLC | +4.0% |
| 2019 | 109.93 SLC | +1.5% |
| 2020 | 112.55 SLC | +2.4% |
| 2021 | 122.91 SLC | +9.2% |
| 2022 | 136.72 SLC | +11.2% |
| 2023 | 138.24 SLC | +1.1% |
| 2024 | 139.28 SLC | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.32 SLC | 3.36 SLC | 7.69 SLC | 10 |
| 1980s | 14.8 SLC | 8.64 SLC | 21.96 SLC | 10 |
| 1990s | 36.67 SLC | 23.37 SLC | 47.78 SLC | 10 |
| 2000s | 62.2 SLC | 49.51 SLC | 77.93 SLC | 10 |
| 2010s | 98.55 SLC | 82.1 SLC | 109.93 SLC | 10 |
| 2020s | 129.94 SLC | 112.55 SLC | 139.28 SLC | 5 |
Countries ranked near India
More economy & growth data for India
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current LCU), annual growth 8.69 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 79.27 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 214,232 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 7.69 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8529 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 2,305 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 7.69 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 74.42 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in India?
- Gross fixed capital formation deflator — value standard local in India was 139.28 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value standard local recorded in India?
- The highest recorded value was 139.28 SLC in 2024.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in India?
- The lowest recorded value was 3.36 SLC in 1970.
- How does India rank for gross fixed capital formation deflator — value standard local?
- India ranks 78th out of 194 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in India?
- Over the last ten years it is up 37.9%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).